- 01
The company has revised its corporate governance framework to align with public company standards, specifically modifying operational protocols for the General Meeting, Supervisory Board, and Management Board.
- 02
General Meeting location requirements were expanded beyond the company headquarters to include the seat of the stock exchange operator, signaling preparation for public market participation.
- 03
The Supervisory Board’s structure was updated from a fixed five-member composition to allow for greater procedural flexibility.
- 04
Previous Supervisory Board regulations permitted remote voting and written resolutions, though they strictly prohibited proxy voting for Chairperson elections or matters introduced during a meeting.
- 05
The Supervisory Board previously held explicit authority to appoint the statutory auditor for financial statements.
- 06
Administrative reporting requirements were streamlined by removing the specific mandate that required the Management Board to submit an annual activity report within three months of the fiscal year's end.